Paul Allen the 'Accidental Zillionaire'

An anonymous reader writes "The Sydney Morning Herald has an interesting story about Paul Allen, "the accidental zillionaire". Allen is the owner of the world's biggest private yacht and a huge landowner in the Seattle area in addition to his traditional accolades of helping to found Microsoft along with several other companies and foundations."

Comments

Re:What is a zillionaire?

[Trurl's Machine]

Anyways, I would hardly call it "accidential". It wasn't any accident that Microsoft got to license their OS to the IBM (and compatible) machines, it was cold and calculated. While they might not have known they'd end up being some of the richest people to have ever lived, they had to have known that they were never going to have to worry about money again in their lives.

Since early 1980's? Probably they knew that. But in early 1970's, Allen and Gates were just a couple of nerdy students, sharing a belief that the future is in household computers. While in that age everyone else shared a belief that a "computer" is meant to be maintained and operated only by specially trained staff wearing laboratory overalls. Yes, their deal with IBM was no accident but in order to get that deal, they had to establish their position in the 8-bit personal computing world - writing BASIC for Altair and Apple, and lot of stuff for CP/M (originally that was the IBM's system of choice for their first PC). That was largely an accident - lots of companies active in the 8-bit market (such as Altair or Digital Research, makers of the CP/M) simply didn't make it in 1980's.

Re:What is a zillionaire?

[hendersj]

Well, I don't know that I'd call it accidental, but there was a rather significant luck factor involved; if Gary Kildall had pursued the opportunity (and there are several stories about why he didn't - ranging from opting to fly his plane instead of meet with IBM to refusing to sign an NDA; according to Gordon Eubanks, Kildall just wasn't interested in porting CP/M to the 8088 processor). If Seattle Computer Products hadn't sold QDOS to MicroSoft, things also would have been pretty different.

Re:What is a zillionaire?

[sheridan3003]

Chance favors the prepared mind.

They were lucky, but they also had some idea of what they were getting into. Taking advantage of an opportunity means recognizing that you have an opportunity to take advantage of.